Axelar provides secure cross-chain connectivity for Web3, allowing developers to create Interchain dApps that scale past a single network. Its “secure” design is based on proof-of-stake, a battle-tested model also used by Ethereum, Polygon, Cosmos, and other ecosystems. With cross-chain communication, you can craft a full user journey where people can interact with any asset and any application across any chain-using one click.

Axelar features:

Axelar released a demo app called Satellite, a decentralized cross-chain asset transfer application that surpassed $30 million in total value locked within weeks after launch.

Axelar is broadly backed through important integrations with major blockchain networks, including Ethereum, Cosmos, Terra, Avalanche, Polygon, Fantom, Moonbeam, and Polkadot.

In December 2021, Axelar’s testnet attracted 800+ developer participants, collected 110+ testnet exercises, counted 79 registered validators, and completed 4 independent security audits plus 3 independent researcher audits.

Axelar started with an initial validator set featuring reputable providers such as Figment, Chorus, Cosmostation, and others. It’s also supported by widely used wallets like Keplr, Cosmostation Wallet, and Ledger. You can monitor network activity with multiple explorers: https://axelarscan.io, https://www.mintscan.io/axelar, and https://axelar-mainnet.chainode.tech/.